Colorado § 11-57-209 - Recourse against public entities officers and agents - acceptance of securities constitutes waiver and release.
Full text of Colorado Colorado Revised Statutes § 11-57-209 — Recourse against public entities officers and agents - acceptance of securities constitutes waiver and release., with citation guidance and answers to common questions.
§ 11-57-209. Recourse against public entities officers and agents - acceptance of securities constitutes waiver and release.
If a member of the issuing authority, or any officer or agent of the public entity acts in good faith, no civil recourse shall be available against such member, officer, or agent for payment of the principal, interest, or prior redemption premiums. Such recourse shall not be available either directly or indirectly through the issuing authority or the public entity, or otherwise, whether by virtue of any constitution, statute, rule of law, enforcement of penalty, or otherwise. By the acceptance of the securities and as a part of the consideration of their sale or purchase, any person purchasing or selling such public security specifically waives any such recourse.
Source: L. 2000: Entire part added, p. 137, § 1, effective August 2.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-57-209
What does Colorado Revised Statutes § 11-57-209 cover?
Section 11-57-209 ("Recourse against public entities officers and agents - acceptance of securities constitutes waiver and release.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 11-57-209?
A common citation format is "Colorado Revised Statutes § 11-57-209" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 11-57-209 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.